Free Press Journal
  • ‘Kala dhan’ became ‘jan dhan’ post demonetisation: MoS Finance Shiv Pratap Shukla

    Mumbai:  Union minister of state for finance Shiv Pratap Shukla on Friday said that after demonetisation, black money was converted into public money. He said, “The money that was lying in peoples’ lockers which was not being used, was then deposited into banks. It then came in use for the nation, thus became ‘jan dhan’. The ‘kala dhan’ which became ‘jan dhan’ is now being used for development of the country.” He

  • demonetisation

    6 lessons you can learn from Demonetisation

    On November 8, 2016, Indian Government scrapped 500 and 1000 rupees notes from the country to discourage culmination of black money in the country. Although this step was a revolutionary one, it financially impacted the Indian population to a large extent and taught some of the important lessons to all of us on how to properly take care of finances to meet emergency situations like Demonetization.

  • mumbai, DP, DP 2034, DCR, Development Control Regulations, BMC, BMC permission

    Mumbai: City’s real estate sector impacted by GST, demonetisation, says report

    Mumbai: Implementation of the goods and services tax (GST) and the last year’s note-ban have not only created liquidity issues for the real estate sector but also impacted investment and development prospects of the cities, thereby pulling down their rankings, a report has said.

  • GST, note-ban have lowered cities’ real estate ranking: Report

    Mumbai: Implementation of the goods and services tax (GST) and the last year’s note-ban have not only created liquidity issues for the real estate sector but also impacted investment and development prospects of the cities, thereby pulling down their rankings, a report has said.

  • Bahujan Samaj Party, BSP, BSP chief, Mayawati, Congress, Ajit Jogi, Chhattisgarh, Janata Congress, Mayawati and Jogi's alliance

    Demonetisation: Mayawati, Misa Bharti in net for note ban cheating

    New Delhi: Bahujan Samaj Party chief and 3-time Uttar Pradesh chief minister Mayawati and Rajya Sabha MP Misa Bharti, daughter of Rash-triya Janata Dal Chief Lalu Prasad are in the Enforcement Directorate net for illegal transactions post-demonetisation. Times Now TV channel claimed both figure in the ED’s list of politicians who are under the scanner for cheating during the demonetisation drive.

  • Demonetisation: Various political parties arrange protests on note ban across Mumbai

    Thane: Exactly one year ago, on the eve of this day, demonetisation was declared and every corner of the country had just one theme to talk about. Many people even lost their lives while standing in the queues that were formed outside banks to change currency. Many could not change their hard-earned money due to various reasons. The demonetisation effect is still a hot topic and was highly criticised.

  • demonetisation atm

    Demonetisation: The story of India’s tolerance!

    To break the grip of corruption and black money, we have decided that the 500 rupee and 1,000 rupee currency notes presently in use will no longer be legal tender from midnight tonight, that is 8th November 2016. This means that these notes will not be accepted for transactions from midnight onwards. The 500 and 1,000 rupee notes hoarded by anti-national and anti-social elements will become just worthless pieces of paper. The

  • Demonetisation, a brave step, says PM Narendra Modi on note ban anniversary

    New Delhi: On demonetisation anniversary, Prime Minister Narendra Modi highlighting the benefits of the same shared a video from his twitter handle. The seven minutes long video underlines the need and importance of ban of high value currency.

  • Manmohan Singh in Gujarat: Tax terrorism eroded confidence of Indian businesses

    Ahemdabad: Former prime minister Manmohan Singh on Tuesday cornered the Centre over its economic policies and asserted that the fear of tax terrorism has eroded the confidence of Indian businesses. Critical of the Good and Services Tax, Dr. Singh said the tax reform broken the back of small businesses.

  • A year after demonetisation, the hunt for elusive black money continues

    It’s been a year, since Prime Minister Narendra Modi has announced demonetisation, and we are still waiting for black money to be accounted. Well this reminds me of song from 70’s, ‘Kya hua tera vaada..’, where have promises gone, Mr Modi?

  • Demonetisation: Congress to hold protest at Azad maidan

    Mumbai: As a part of its nationwide drive against demonetisation, the city Congress unit will hold a protest at Azad maidan in south Mumbai on November 8 to mark the first anniversary of the note ban, reports PTI.

  • Deregistered cos deposited Rs 17,000 cr post note ban

    New Delhi : Cash deposits worth over Rs 17,000 crore were made and later withdrawn post demonetisation by as many as 35,000 companies, which are now deregistered, the government said on Sunday. As it steps up the fight against illicit fund flows, so far names of around 2.24 lakh companies that have been inactive for long have been struck off from the official records and 3.09 lakh directors have been disqualified. To

  • Slowdown effect of GST, note ban has played out: Arun Jaitley

    Washington: Finance Minister Arun Jaitley on Friday said the slowdown effect of demonetisation and GST roll-out on the Indian economy has played out and the country’s growth is now headed towards being more balanced and sustainable.

  • PM doesn’t listen; GST, note ban hit economy: Rahul Gandhi

    Rajkot: Congress vice president Rahul Gandhi hit out at the Narendra Modi government today for taking decisions like note ban and the GST roll-out “without listening to anybody” which “affected the backbone” of the country’s economy. “This is the big difference between the Congress’s ideology and the BJP’s ideology. The Congress listens to everyone and then implements a big decision. This government did not listen to anybody and implemented the GST and demonetisation, which affected

  • Note ban: Will the economy recover?

    After the ruling NDA’s euphoria over its recent track record in elections to State assemblies, there have been some rude shocks that should awaken the Narendra Modi government to changing realities. The biggest dampener has been the persistent lifting of the veil on the performance of demonetisation of high-value notes. Another has been the poor performance on the jobs front.

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